Marriott Vacations Worldwide (VAC) Releases FY 2018 Earnings Guidance

Marriott Vacations Worldwide (NYSE:VAC) updated its FY 2018 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $5.52-5.75 for the period, compared to the Thomson Reuters consensus estimate of $6.92.

Several equities analysts have issued reports on the stock. Zacks Investment Research upgraded shares of Marriott Vacations Worldwide from a hold rating to a buy rating and set a $95.00 price target for the company in a research report on Wednesday, October 31st. ValuEngine cut shares of Marriott Vacations Worldwide from a sell rating to a strong sell rating in a research report on Monday, October 8th. Finally, Nomura set a $158.00 price target on shares of Marriott Vacations Worldwide and gave the company a buy rating in a research report on Thursday, August 23rd. One research analyst has rated the stock with a sell rating, one has given a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has an average rating of Buy and a consensus price target of $137.20.

NYSE VAC traded down $4.33 on Thursday, hitting $87.36. The company’s stock had a trading volume of 1,118,002 shares, compared to its average volume of 415,520. The company has a debt-to-equity ratio of 1.25, a quick ratio of 5.17 and a current ratio of 6.99. Marriott Vacations Worldwide has a 1-year low of $83.40 and a 1-year high of $154.14. The stock has a market cap of $2.56 billion, a P/E ratio of 15.11, a price-to-earnings-growth ratio of 1.36 and a beta of 1.54.

Marriott Vacations Worldwide (NYSE:VAC) last announced its quarterly earnings results on Wednesday, November 7th. The company reported $1.42 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.76 by ($0.34). Marriott Vacations Worldwide had a net margin of 9.16% and a return on equity of 15.81%. The business had revenue of $750.00 million during the quarter, compared to analyst estimates of $717.48 million. During the same quarter last year, the company posted $1.39 earnings per share. The company’s revenue was up 41.5% compared to the same quarter last year. Analysts predict that Marriott Vacations Worldwide will post 7.05 earnings per share for the current fiscal year.

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About Marriott Vacations Worldwide

Marriott Vacations Worldwide Corporation develops, markets, sells, and manages vacation ownership and related products under the Marriott Vacation Club, Grand Residences by Marriott, and Marriott Vacation Club Pulse brands. It operates through three segments: North America, Asia Pacific, and Europe. The company also develops, markets, and sells vacation ownership and related products under The Ritz-Carlton Destination Club brand; and holds right to develop, market, and sell ownership residential products under The Ritz-Carlton Residences brand.

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Earnings History and Estimates for Marriott Vacations Worldwide (NYSE:VAC)

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